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MAZDA5 RESIDUAL PERFORMANCE IS 'BEST KEPT SECRET'

A NEW diesel version of the Mazda5 MPV has stormed onto the market with the best residuals in its class. Used car valuation expert CAP has described the 1.6-litre diesel model as a "best kept secret" and has predicted that the Sport model will retain 32 per cent of its value after three-years and 60,000-miles. The TS2 model also performs extremely well, with a 31 per cent retained value predicted.

Plans To Drop Congestion Charge Pay-By Text

TEXT messages are to be dropped as a way for drivers to pay for their congestion charge under plans being considered by Transport for London (TfL). A new Smartphone app may replace text messages, which make up around 400 out of the 130,000 congestion charge payments made each day. TfL, which is launching a six-week consultation ending on September 12, describes texts as an "under-used SMS payment service" and claims the app would enable drivers to carry out a wider range of tasks.

Petersen museum executive director to retire

The executive director of the Petersen Automotive Museum is retiring after a 12-year-run at the helm of one of the nation's preeminent car collections. Richard Messer is stepping down to concentrate on other business interests. He will be replaced by Buddy Pepp on June 15.